Share price of Aurobindo Pharma jumps as Sensex gains 363.63 points

Share price of Aurobindo Pharma Ltd. gained 0.67 per cent to Rs 703.5 at 01:49PM (IST) in Friday's trade. The scrip hit a high of Rs 706.45 and low of Rs 692.0 so far during the session. The stock had closed at Rs 698.85 in the previous session.

The counter had a total traded volume of 01:49PM shares so far with a turnover of Rs 3.87 crore on BSE. The stock traded at a price-to-earnings multiple of 14.35 and a price-to-book ratio of 2.36.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Aurobindo Pharma Ltd. belongs to the Pharma - Indian industry.

Promotor/FII Holding
Promoters held 51.83 per cent stake in the company as of 31-Dec-2021, while overseas investors and domestic institutional investors ownership stood at 22.74 per cent and 15.11 per cent, respectively.

Key Financials
The company reported consolidated net sales of Rs 6067.21 crore for the quarter ended 31-Dec-2021, up 0.48 per cent from the previous quarter's Rs 6038.5 crore and up 6.63 per cent from the year-ago quarter's Rs 6498.31 crore.

Its profit for the latest quarter stood at Rs 604.73 crore, down 79.48 per cent from the same quarter a year ago.